News

Singapore registry adds 94 ships in September, bucks declining trend since 2016 amid US-China port fees
[ad_1] Shipowners reflagging their fleet to the Republic in an attempt to navigate geopolitical tensions[SINGAPORE] The ship registry of Singapore saw a spike in the number of vessels registered in...
Asia: Markets mostly up on heels of Apple, Amazon earnings
[ad_1] ASIAN stock markets mostly rose Friday morning, with a surge in Japanese shares coming after better-than-expected earnings reports from US tech behemoths Apple and Amazon.Investor confidence in artificial intelligence...
Raffles Education jumps 19% on debt conversion; special dividend plan
[ad_1] [SINGAPORE] Shares of Raffles Education surged over 19 per cent on Friday (Oct 31) morning after the company announced a debt conversion plan. It reached a one-year peak of S$0.081...
Gold rises on bargain hunting and US rate cut, set for monthly gain
[ad_1] Traders have scaled back bets that the Fed will cut rates again at its next policy meeting on Dec 10 after remarks from Fed chair Jerome Powell[BENGALURU] Gold prices...
SIA earnings likely to stay ‘pressured’ despite over 380,000 discounted tickets: analysts
[ad_1] Concerns around passenger yield, drag from the crash of Air India flight 171 and rising non-fuel costs could weigh heavier[SINGAPORE] Singapore Airlines (SIA) Group’s latest discounted tickets exercise may...
Stocks to watch: Wilmar International, Yangzijiang Financial, Sheng Siong, CapitaLand India Trust
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Oct 31):  Wilmar International : It posted a US$347.7 million loss for the...
CapitaLand India Trust Q3 total property income up 18% at 5.1 billion rupees
[ad_1] This is due to higher rental income from existing properties and income contributions from acquisitions and completed developments, says manager[SINGAPORE] CapitaLand India Trust (Clint) posted a total property income...
Toyota steps up India expansion with new SUVs, rural push as profit surges
[ad_1] [TOKYO] Toyota plans to launch 15 new and refreshed models in India by the end of the decade while deepening its rural network, sources said, as record profits in...
Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates
[ad_1] The company’s reliance on hardware sales has also left it with greater exposure to US President Donald Trump’s trade war with China. [WASHINGTON] Apple chief executive Tim Cook on...
Oil prices steady as investors assess US-China trade truce
[ad_1] [NEW YORK] Oil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after US President Donald Trump lowered tariffs on China following...
Universal Music Group settles with AI music startup Udio
[ad_1] Universal Music Group said Wednesday it has reached licensing agreements with artificial intelligence music startup Udio, settling a lawsuit that had accused Udio of using copyrighted music to train...
Nexperia-owner Wingtech demands reinstatement of ousted CEO as condition to restart China exports
[ad_1] The dispute has triggered concerns of production stoppages, especially in the European auto industry[FRANKFURT] Wingtech Technology says any deal to restart Nexperia’s exports from China must include reinstating the...